A customer walks in with a handful of papers, prices circled, tire brands highlighted. His sporty ride, a 2013 Ford Mustang GT coupe, is parked out front. He needs tires and is ready to buy.
A lot of news came out of the 2016 Goodyear Dealer Conference, all aimed at preparing tire dealers for the near future and beyond. Here are five key take-a-ways from the “Breaking-Through” conference, in no particular order.
I can certainly sympathize with the Herchick family (per your editorial in the November 2015 issue of Modern Tire Dealer). Having only started eight years earlier, we can all look back at better times.
There are three major issues you will have to deal with as tire dealers in 2016 and beyond. The first is Obamacare. The second is tire labeling. And the third is tire registration.
The tire pressure monitoring system (TPMS) monitors air pressure in the four road tires (excludes spare). Pressure in the spare tire is not monitored. There are two tire pressure monitoring systems available, a base system and a premium system. The base system does not specify how many tires are low or where they are located. The premium system does so.
In 2010, Balkrishna Industries Ltd., BKT for short, was a $300 million Indian tire manufacturer. Its off-highway products, including OTR and agricultural tires, were produced in three plants in India. The tires were not exported on a global basis.
When he joined Discount Tire in 2001 as assistant vice president of strategic planning, Michael Zuieback focused on “capturing the values of the company,” as he puts it.
Everything from tires to marketing will be new for Kumho Tire USA Inc. in 2016. The company previewed the coming year at its annual dealer meeting in Castries, St. Lucia, Dec. 2-5, 2015.
Every tire dealer in America competes against strong, established, online tire providers. Most independent tire dealers also compete with the largest independent “tires only” retailer in the country, and many compete directly with Sam’s, Costco and other membership warehouse clubs.
According to the results of our dealer survey, demand for replacement tires increased in November. Indeed, from a volume standpoint the dealers reported they sold 0.6% more tires in November on a year-over-year basis, following a 0.1% increase in October and a 0.6% increase in September.
Raw material prices dropped so significantly in 2015 that the one thing everyone expected to happen during the year never materialized. Tire prices didn’t go up.
Each month we ask members of our National Advisory Council (NAC) a question or questions on a current hot topic. This month we asked, “How have the tariffs on Chinese consumer tire imports affected pricing in your area?” Here are some of their responses.
The struggles of the New Jersey State Tire Dealers Association are not unique. In September the group announced it was suspending activity due in large part to lack of interest from independent tire dealers. In big bold letters New Jersey leaders told its membership that it “needs new blood to join the board of directors and lead our organization into the future.”